Closer To Reality For 2001 Market Street

Closer To Reality For 2001 Market Street

A plugged-in tipster directs us to the most realistic couple of renderings we’ve seen for the proposed mixed-use development at 2001 Market and around to 14th. And while the BAR Architects website doesn’t yet feature the latest renderings, it does note “the project is slated to begin construction Fall... Read More »

“San Francisco” Prestige Index Up 1.1% In First Quarter

The First Republic Prestige Home Index for “San Francisco” homes valued at more than $1 million ticked up 1.1 percent from the fourth quarter of 2009 to the first quarter of 2010, down 6.1 percent on a year-over-year basis, down 18 percent from a third quarter 2007 peak, and back to second quarter 2004 levels. Read More »

Whoa, Bessie!

Whoa, Bessie!

Purchased for $725,000 in June 2004, the 1,165 square foot 57 Bessie was listed in 2007 asking $849,000 before being reduced to $749,000 and then withdrawn from the market. The single-family home on the northern (relatively) flats of Bernal Heights is back on the market today seeking a short sale at $695,000. ∙ Listing: 57 Read More »

A Modern Apple At 1234 Howard Defies The Commodity Condo Trend

Speaking of a Stanley design, the resale of 1234 Howard #2C closed escrow on 5/19 with a reported contract price of $639,000, purchased for $587,000 in December 2007. Yes, design matters (whether you like it or not). ∙ Not Louvered But Not Unloved: 1234 Howard #2C Returns Read More »

1601 Larkin: Comments, Responses And Latest Renderings

1601 Larkin: Comments, Responses And Latest Renderings

To quote Roseanne Roseannadanna Emily Litella…never mind. Apparently the Planning Department’s just published compendium of comments and responses to the proposed 1601 Larkin project contains outdated renderings for the project. Whoops. Ironically, the images had been added to the document in response to community comments that the most recent renderings had not been made available Read More »

One Hell Heck Of A Bedroom Overlooking Dolores Park…

One Hell Heck Of A Bedroom Overlooking Dolores Park…

It’s not only a new listing on the MLS (and now official inventory) but a new website and photos featuring one heck (for some reason “hell” doesn’t seem appropriate) of a bedroom for 601 Dolores. No new surprises, however, on the price ($7,490,000). Yes, we know that’s actually the living room. And there are parts Read More »

From “Needs TLC” To “Contractors’ Special” (And Now Bank Owned)

From the listing for 1482 Underwood in November 2007 asking $445,000 (purchased for $250,000 in August 2000): “Needs some TLC…A very motivated seller….” In April 2008: “$100,000 Price Reduction…Needs cosmetic work. A short sale…” Two weeks later: “Handyman special! $130,000 Price Reduction!” And in May of 2009 at $279,900: “Great for contractors.” Today at $205,900 Read More »

736 Valencia Hits The MLS (While 700 Valencia Hits Craigslist)

736 Valencia Hits The MLS (While 700 Valencia Hits Craigslist)

The first of the eight new two-bedrooms at 736 Valencia (which we first unwrapped last year) has hit the market listed for $950,000 for its 1,465 square feet ($648 per square foot). And forget Medjool, we’ll see you up on 736 Valencia’s rooftop terrace. At the same time at least two of the new three-bedroom Read More »

Requests For Reductions In Residential Assessments Up 46 Percent

Perhaps due in part to the ease of starting the process online this year (as plugged-in people knew), 6,462 requests for reductions in residential property assessments were received by San Francisco’s Assessor-Recorder’s office this year, up from 4,421 last year and 1,673 the year before that. In all, 11,700 homeowners have received temporary property tax Read More »

2458-2460 Great Highway Catches Another Wave

2458-2460 Great Highway Catches Another Wave

The sale of 2458-2460 Great Highway closed escrow on 5/21 with a reported sale price of $1,063,000. Sold for $1,045,000 in September 2006, then again for $1,160,000 in December 2007 but renovated a bit since. The boards weren’t included as far as we know. ∙ Duuuude! Read More »

2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

2830 Pacific: A Tripling Of Taxes (At Half Off Initial Hopes)

Speaking of big properties and taxes atop Pacific Heights, according to a plugged-in tipster the sale of 2830 Pacific quietly closed escrow yesterday with a reported contract price of $8,350,000. The sale should result in an annual property tax bill of around $100,000, triple what’s currently being paid. As plugged-in people know, the 2009 Decorator Read More »

Proposition 13 In Practice Along San Francisco’s Gold Coast

The impact of Proposition 13 and the inequities it’s created along San Francisco’s Gold Coast has long been a topic of conversation and debate amongst the plugged-in crowd. Today The Bay Citizen tackles the topic with examples of annual property tax bills along Broadway that range from $4,965 for 2900 Broadway to $336,100 for number Read More »

Well, We Do Recognize A House Or Two…

Well, We Do Recognize A House Or Two…

While we passed on publishing an early tip as to the neighborhood preparations for the President’s dinner at the Getty’s last night (there’s no need to be atop the Secret Service’s watch list), our tipster later passed along a shot of the President’s limo making its way through Pacific Heights. Plugged-in people should at least Read More »

Parkmerced: Planning On The Future But Presently In Default

Parkmerced: Planning On The Future But Presently In Default

While the proposed plan to redevelop Parkmerced moves forward through San Francisco’s Planning Department, it appears as though the past (or rather present) has caught up with the owners of the complex who shall soon announce that their (not so) current loan on the property is in default. Expect the announcement to allude to “strategery.” Read More »

U.S. New Home Sales Up 48% YOY As Tax Credits Expire

Purchases of new homes in the U.S. increased to an annual pace of 504,000 in April, up 15 percent from a revised March (439,000) and up 48 percent on a year-over-year basis (341,000 in April 2009) as Federal tax credits expired at the end of the month. To receive a tax credit worth as much Read More »